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Land Grant Permanent Fund Archives - New Mexico Political Report
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Permanent fund investments expected to exceed oil and gas revenues in 15 years

by Nicole Maxwell

New Mexico’s permanent fund investments are expected to surpass oil and gas revenue by 2039, according to the Consensus Revenue Estimating Group, or CREG. Permanent funds in New Mexico were established to ensure the state continues receiving benefits from oil, natural gas and other nonrenewable resources beyond the life of the resource. CREG presented a […]